Well, it is not looking good for the Euro, lately. First, it fell below parity against the US-Dollar and now against the CHF, too. Currently, the price for 1 Euro in terms of Swiss Franc is at levels last seen 7 years ago. However, in our primary scenario we do not evluate this situation to be a long-lasting one. Rather, the price for a Euro should turn around within the orange target zone between CHF 1.0155 - CHF 0.96513. If the Euro manages to valuate against the Swiss Franc and jumpf out of the orange target zone, we see the price hike above CHF 1.20. However, if the Euro happens to fall below the orange zone, the price should head towards CHF 0.80.